South Korea's financial regulator has introduced new guidelines to regulate digital asset transactions, preparing to open the market to institutional players. The Financial Services Commission (FSC) finalized these measures during its Virtual Asset Committee meeting, with the rules effective from June. Nonprofit organizations looking to sell cryptocurrencies must have a minimum of five years of audited financial history and establish Donation Review Committees. Furthermore, all donations must be processed through verified exchange accounts to mitigate money laundering risks. Crypto exchanges will also face stricter listing criteria, requiring a minimum circulating supply and liquidity benchmarks to control market stability. Exchanges will be prohibited from selling tokens on their platforms to avoid conflicts of interest. Starting in June, exchanges and nonprofits can apply for real-name accounts to facilitate these transactions, with plans to extend these accounts to professional investors later in the year.

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